Hints and tips:
...Kering announced in February that it would create a new beauty division to develop cosmetics and perfumes for its fashion brands including Bottega Veneta and Alexander McQueen....
...LVMH-owned Sephora recently released a blockbuster set of annual results and said it had the potential to reach €20bn in sales, while L’Oréal reported a 7.6 per cent rise in sales last year to more than...
...Buly 1803, a historic French perfume and cosmetics label....
...The group has produced a biopic, to be released next month through Sony Pictures, and attached Houston’s name to perfume and cosmetics lines....
...Expanding Vuitton’s limited offering in perfume and cosmetics is one area the company could tackle....
...retail at LVMH, told the Financial Times....
...Founded in Paris in 1904, Coty now owns more than 70 brands including the beauty licenses for fashion houses owned by French groups LVMH and Kering....
...Investors piling into a trio of luxury companies, LVMH, Kering, Hermès and cosmetics maker L’Oréal have fuelled the CAC 40’s high-octane run....
...Paris is home to the sector leader and world’s biggest beauty company L’Oréal, in addition to luxury groups such as LVMH and Kering for whom Coty is a major supplier of perfumes....
...The perfume and cosmetics division, which accounts for about a tenth of sales, had an operating profit margin of 9 per cent, a third of LVMH’s average....
...The beauty landscape has changed dramatically in the more than three decades since Elizabeth Taylor came out with her first perfume Passion in 1987 and supermodel Iman launched her eponymous beauty and skincare...
...LVMH generated €7.7bn in revenues from cosmetics and perfume last year, from a total of €79.2bn....
...One month after describing First Republic as a “very good bank”, FTAV’s favourite stockpicker Jim Cramer turned his attention to luxury goods, tipping Estée Lauder, like LVMH and Hermès, to benefit from...
...Hong Kong-listed Prada, which announced this year that scion Lorenzo Bertelli is next in line, is still clinging to its empire in the shadow of swelling conglomerates LVMH and Gucci owner Kering....
...Barring the odd interruption, they have kept selling more to the emerging middle class and wealthy across the world. From leather goods to watches, jewellery and perfumes, they confer social cachet....
...Were she around today, Langtry would probably have a clutch of skincare products to peddle on TikTok, two perfumes, a wellness brand and a range of monogrammed jumpsuits....
...The Roaring Twenties are indeed back, though without the flappers — the only LVMH category to fall on 2019 was cosmetics and perfume....
...But the likes of Revlon and Coty have struggled because their cosmetics are more mass-market and they lacked scale in the fastest-growing category and market — skincare and China....
...The cosmetics group on Tuesday reduced its full-year outlook for net sales growth to between 7 per cent and 9 per cent, down from a previous range of 13 to 16 per cent....
...putting your face to a perfume....
...demand for its high-end perfumes and skin creams....
...In contrast, sector leaders L’Oréal and Estée Lauder have enjoyed years of strong sales and earnings growth driven by colour cosmetics, skincare, and China until Covid-19 hit....
...The roots of luxury brands diversifying into cosmetics go back to 1921, when Coco Chanel introduced the N°5 perfume. At the time it was rare for a couture house to make its own perfume....
...But the sort of goods that are particularly popular with livestreamers are also some of Alibaba’s biggest earners: skincare, women’s fashion, cosmetics and perfume....
...The strategy stands in contrast to Europe’s other luxury groups, such as LVMH and Prada, which have installed family members in key management roles....
International Edition